Home loans: to lock in the rate or not?
With some of the major lenders recently lifting interest rates on variable home loans, we’ve had a number of enquiries this week as to whether now is a good time to lock in an interest rate.
interest rates
Avoiding the interest rate hike domino effect
When one bank hikes its interest rates, the rest usually follow one after the other like dominos. Here’s how to avoid getting caught up in the chain reaction.
RBA Update, July 2018
[vc_row][vc_column][vc_column_text] RBA UPDATE – JULY 2018 The central bank has today announced the official cash rate for July following its monthly board meeting. The RBA board has once again decided to hold the cash rate at its current record low of 1.5 per cent, a move predicted by most industry pundits. None of the surveyed […]
RBA Update, June 2018
[vc_row][vc_column][vc_column_text] RBA UPDATE – JUNE 2018 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy has strengthened over the past year. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow solidly, […]
Home Loans Are Going To Be Tougher To Get
[vc_row][vc_column][vc_column_text] HOME LOANS ARE GOING TO BE TOUGHER TO GET Getting a home loan could be about to get a whole lot harder, thanks to the Financial Services Royal Commission. That’s not just bad news for people hoping to buy — in Australia’s home-loan-dependent economy, it could be very disruptive. The banking royal commission has […]